Global re/insurance outsourcing and consulting specialist Pro Global Holdings Limited (‘Pro’) today announces the expansion of its services within Latin America with the opening of a wholly owned office in Sao Paulo, Brazil.
Brazil Office Manager Juan Pablo Bragadin – who has been a Pro Representative in Brazil since 2015 – will report to Martin Smith, Pro’s Head of Latin America. The new Brazil office will offer services to the local re/insurance community across Pro’s underwriting, claims, technical accounting, auditing and outsourcing verticals.
The Brazil team have already been awarded their first project working on a third party authority (TPA) run-off project for international legacy specialist Quest.
Pro’s new office in Sao Paulo adds to the company’s growing presence in the region, which includes its Latin American headquarters in Buenos Aires, Argentina as well as representative offices in Puerto Rico, Peru and Colombia.
Pro Head of Latin America Martin Smith said:
“I’m delighted to be announcing the further expansion of our Latin American capabilities into Brazil, where we have had a representative office since 2015 and have now formalised our presence with our own office. Juan and his team will continue to grow Pro’s capabilities in the largest re/insurance market in the region, supporting our clients with expert local insight as they adapt to remote working conditions and navigate wider economic challenges and a rapidly developing regulatory environment.
There is no one size fits all approach to the re/insurance markets in Latin America – each country has different regulations and cultural approaches to conducting insurance business, as well as their own macroeconomic challenges, that make having local expertise critical to supporting clients on the ground.
We are laser focused on supporting our clients in managing their outsourcing requirements. With thanks to more electronic and digital processing we are able to improve processes, workflows and productivity as well manage legacy portfolios promptly and efficiently.”